IQE (LON:IQE) Stock Price Down 9.4% – Here’s Why

IQE plc (LON:IQE) fell 9.4% on Thursday . The stock traded as low as GBX 8.15 and last traded at GBX 8.15. 18,015,104 shares changed hands during trading, a decline of 16% from the average session volume of 21,355,688 shares. The stock had previously closed at GBX 9.

Key IQE News

Here are the key news stories impacting IQE this week:

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IQE Stock Down 3.7%

The company has a market cap of £76.79 million, a P/E ratio of -1.55, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The company has a fifty day moving average of GBX 5.59 and a 200 day moving average of GBX 7.28.

IQE Company Profile

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.